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Whether you keep your inventory accurate through cycle counting or via annual physical inventories, Made2Manage gives you the tools that make it easy to collect, reconcile and post count quantities against on hand inventory balances and, in turn, generate needed general ledger transactions.
Cycle counting in Made2Manage allows you to set up pre-established rules for the frequency and method of item counting. These rules can include date frequency, a usage below a minimum or above a maximum, or rules to define such things as the number of times you would like to count a part. You can then print prepopulated cycle count worksheets for simple count collections and for easy count data entry. Inventory movement reports also are available to monitor transactions performed during the cycle count to ensure accurate reconciliation.
Physical inventory is an annual event for most manufacturing companies, often taking place at the fiscal year-end. This function is completely integrated within Made2Manage and accommodates both complete and partial inventories. Using Made2Manage, you can “freeze” inventory, issue and control count tags, enter tags, analyze variances, post differences to the general ledger, and update on hand quantities. Made2Manage accommodates both complete and partial inventory management techniques so your company has the flexibility to choose. |